Tuesday, June 2, 2009

This is our future: The World, laughing in our faces, as we are reduced to an atrophied, fractional sliver of the nation our fathers and their grandfathers worked their asses off building.

First, Pravda laughs at our descent into Marxism "with barely a whimper", while most Americans were too busy watching American Idol to notice.

Now, China owns our debt, and we are reduced to begging for more and more and more money to support our bailed-out, failing economy. Barack sends Timothy Geithner to Beijing to beg for more. More time, more money, false promises. The Chinese people know more than American citizens, so...they laughed in his face.

Geithner tells China its dollar assets are safe

A major goal of Geithner's maiden visit to China as Treasury chief is to allay concerns that Washington's bulging budget deficit and ultra-loose monetary policy will fan inflation, undermining both the dollar and U.S. bonds.

China is the biggest foreign owner of U.S. Treasury bonds. U.S. data shows that it held $768 billion in Treasuries as of March, but some analysts believe China's total U.S. dollar-denominated investments could be twice as high.

"Chinese assets are very safe," Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience ...
There you go. GM goes bankrupt; the end of America's most greatest capitalist business endeavor ever, a symbol of our nation's economic strength over the decades, tits-up. Thanks, Leftists, and the Union thugs who supported you.

Right in the midst of this very public seppuku, our tax-evading Treasury Secretary is found to be doing the soft shoe shuffle in the aisles of Wal-Mart China.

We certainly are making great progress towards lowering the World's derision of our great nation, huh, Lefty boys and girls? We have a prezzydent who bows and scrapes on television to the Saudi King; a Secretary of State who wags her finger at the North Koreans while Kim Jong Il readies ICBM's on launch pads; then Mr. Geithner himself wowing the crowds in China.

Yep, this Obama fellow, he's a real world-is-a-stage playah, huh? And for another $25K, we taxpayers can send the happy first couple to New York for a couple drinks and the theater.

I'd like to recommend Obama and his dapper soignee watch The Titanic again. Since he's the Captain leading this dirge.

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